Hawkins Inc (HWKN)
Payables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 748,893 | 725,526 | 769,979 | 628,021 | 473,109 |
| Payables | US$ in thousands | 61,195 | 56,387 | 53,705 | 66,693 | 37,313 |
| Payables turnover | 12.24 | 12.87 | 14.34 | 9.42 | 12.68 |
March 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $748,893K ÷ $61,195K
= 12.24
Based on the data provided, the payables turnover for Hawkins Inc has fluctuated over the years as follows:
- March 31, 2021: 12.68
- March 31, 2022: 9.42
- March 31, 2023: 14.34
- March 31, 2024: 12.87
- March 31, 2025: 12.24
The payables turnover ratio measures how efficiently a company is managing its accounts payable by comparing the cost of goods sold to its average accounts payable during a certain period. A higher payables turnover ratio indicates that the company is paying its suppliers more frequently, which can be a sign of efficient working capital management.
In the case of Hawkins Inc, the payables turnover has varied over the years, potentially indicating changes in the company's relationship with its suppliers or its internal processes related to payables management. Overall, the payables turnover ratio provides valuable insights into the company's liquidity and operational efficiency in managing its payables.
Peer comparison
Mar 31, 2025